Central Provident Fund Act 1953 - Singapore Statutes Online

FIRST SCHEDULE

Sections 7, 8 and 77

Rates of contribution

1. Subject to paragraphs 1A to 7, with effect from 1 January 2024, the contributions payable by the employer and the amount recoverable from the employee’s wages are as follows:

(a)

where the employee is 55 years of age and below:

First column

Second column

Third column

Total amount of the
employee’s wages
for the
calendar month

Contributions payable
by the employer
for the
calendar month

Amount recoverable
from the employee’s
wages for the
calendar month

Exceeding $50 but not exceeding $500

An amount equal to 17% of the Total Wages.

NIL

Exceeding $500 but not exceeding $750

An amount equal to the sum of —

(a)	17% of the Total Wages; and

(b)	0.6 of the difference between the Total Wages and $500.

An amount equal to 0.6 of the difference between the Total Wages and $500.

Exceeding $750

An amount equal to the sum of —

(a)	37% of the employee’s ordinary wages for the month subject to a maximum of 37% of the Ordinary Wage Ceiling; and

An amount equal to the sum of —

(a)	20% of the employee’s ordinary wages for the month subject to a maximum of 20% of the Ordinary Wage Ceiling; and

(b)	37% of the Relevant Additional Wages.

(b)	20% of the Relevant Additional Wages.

[S 599/2023 wef 01/09/2023]

(b)

where the employee is above 55 but not more than 60 years of age:

First column

Second column

Third column

Total amount of the
employee’s wages
for the
calendar month

Contributions payable
by the employer
for the
calendar month

Amount recoverable
from the employee’s
wages for the
calendar month

Exceeding $50 but not exceeding $500

An amount equal to 15% of the Total Wages.

NIL

Exceeding $500 but not exceeding $750

An amount equal to the sum of —

(a)	15% of the Total Wages; and

(b)	0.48 of the difference between the Total Wages and $500.

An amount equal to 0.48 of the difference between the Total Wages and $500.

Exceeding $750

An amount equal to the sum of —

(a)	31% of the employee’s ordinary wages for the month subject to a maximum of 31% of the Ordinary Wage Ceiling; and

An amount equal to the sum of —

(a)	16% of the employee’s ordinary wages for the month subject to a maximum of 16% of the Ordinary Wage Ceiling; and

(b)	31% of the Relevant Additional Wages.

(b)	16% of the Relevant Additional Wages.

[S 599/2023 wef 01/09/2023]

[S 916/2023 wef 01/01/2024]

(c)

where the employee is above 60 but not more than 65 years of age:

First column

Second column

Third column

Total amount of the
employee’s wages
for the
calendar month

Contributions payable
by the employer
for the
calendar month

Amount recoverable
from the employee’s
wages for the
calendar month

Exceeding $50 but not exceeding $500

An amount equal to 11.5% of the Total Wages.

NIL

Exceeding $500 but not exceeding $750

An amount equal to the sum of —

(a)	11.5% of the Total Wages; and

(b)	0.315 of the difference between the Total Wages and $500.

An amount equal to 0.315 of the difference between the Total Wages and $500.

Exceeding $750

An amount equal to the sum of —

(a)	22% of the employee’s ordinary wages for the month subject to a maximum of 22% of the Ordinary Wage Ceiling; and

An amount equal to the sum of —

(a)	10.5% of the employee’s ordinary wages for the month subject to a maximum of 10.5% of the Ordinary Wage Ceiling; and

(b)	22% of the Relevant Additional Wages.

(b)	10.5% of the Relevant Additional Wages.

[S 599/2023 wef 01/09/2023]

[S 916/2023 wef 01/01/2024]

(d)

where the employee is above 65 but not more than 70 years of age:

First column

Second column

Third column

Total amount of the
employee’s wages
for the
calendar month

Contributions payable
by the employer
for the
calendar month

Amount recoverable
from the employee’s
wages for the
calendar month

Exceeding $50 but not exceeding $500

An amount equal to 9% of the Total Wages.

NIL

Exceeding $500 but not exceeding $750

An amount equal to the sum of —

(a)	9% of the Total Wages; and

(b)	0.225 of the difference between the Total Wages and $500.

An amount equal to 0.225 of the difference between the Total Wages and $500.

Exceeding $750

An amount equal to the sum of —

(a)	16.5% of the employee’s ordinary wages for the month subject to a maximum of 16.5% of the Ordinary Wage Ceiling; and

An amount equal to the sum of —

(a)	7.5% of the employee’s ordinary wages for the month subject to a maximum of 7.5% of the Ordinary Wage Ceiling; and

(b)	16.5% of the Relevant Additional Wages.

(b)	7.5% of the Relevant Additional Wages.

[S 599/2023 wef 01/09/2023]

[S 916/2023 wef 01/01/2024]

(e)

where the employee is above 70 years of age:

First column

Second column

Third column

Total amount of the
employee’s wages
for the
calendar month

Contributions payable
by the employer
for the
calendar month

Amount recoverable
from the employee’s
wages for the
calendar month

Exceeding $50 but not exceeding $500

An amount equal to 7.5% of the Total Wages.

NIL

Exceeding $500 but not exceeding $750

An amount equal to the sum of —

(a)	7.5% of the Total Wages; and

An amount equal to 0.15 of the difference between the Total Wages and $500.

(b)	0.15 of the difference between the Total Wages and $500.

Exceeding $750

An amount equal to the sum of —

(a)	12.5% of the employee’s ordinary wages for the month subject to a maximum of 12.5% of the Ordinary Wage Ceiling; and

An amount equal to the sum of —

(a)	5% of the employee’s ordinary wages for the month subject to a maximum of 5% of the Ordinary Wage Ceiling; and

(b)	12.5% of the Relevant Additional Wages.

(b)	5% of the Relevant Additional Wages.

[S 599/2023 wef 01/09/2023]

[S 916/2023 wef 01/01/2024]

1A. Subject to paragraphs 1E to 7, with effect from 1 September 2023, the contributions payable by the employer (at graduated rates) and the amount recoverable from the employee’s wages (at graduated rates), during the period beginning on the date the employee becomes a permanent resident and ending on the last day of the first anniversary month, are as follows:

(a)

where the employee is 55 years of age and below:

First column

Second column

Third column

Total amount of the employee’s wages
for the calendar month

Contributions payable by the employer
for the calendar month

Amount recoverable from the employee’s wages
for the calendar month

Exceeding $50 but not exceeding $500

An amount equal to 4% of the Total Wages.

Nil

Exceeding $500 but not exceeding $750

An amount equal to the sum of —

(a)	4% of the Total Wages; and

An amount equal to 0.15 of the difference between the Total Wages and $500.

(b)	0.15 of the difference between the Total Wages and $500.

Exceeding $750

An amount equal to the sum of —

(a)	9% of the employee’s ordinary wages for the month subject to a maximum of 9% of the Ordinary Wage Ceiling; and

An amount equal to the sum of —

(a)	5% of the employee’s ordinary wages for the month subject to a maximum of 5% of the Ordinary Wage Ceiling; and

(b)	9% of the Relevant Additional Wages.

(b)	5% of the Relevant Additional Wages.

[S 599/2023 wef 01/09/2023]

(b)

where the employee is above 55 but not more than 60 years of age:

First column

Second column

Third column

Total amount of the employee’s wages
for the calendar month

Contributions payable by the employer
for the calendar month

Amount recoverable from the employee’s wages
for the calendar month

Exceeding $50 but not exceeding $500

An amount equal to 4% of the Total Wages.

Nil

Exceeding $500 but not exceeding $750

An amount equal to the sum of —

(a)	4% of the Total Wages; and

An amount equal to 0.15 of the difference between the Total Wages and $500.

(b)	0.15 of the difference between the Total Wages and $500.

Exceeding $750

An amount equal to the sum of —

(a)	9% of the employee’s ordinary wages for the month subject to a maximum of 9% of the Ordinary Wage Ceiling; and

An amount equal to the sum of —

(a)	5% of the employee’s ordinary wages for the month subject to a maximum of 5% of the Ordinary Wage Ceiling; and

(b)	9% of the Relevant Additional Wages.

(b)	5% of the Relevant Additional Wages.

[S 599/2023 wef 01/09/2023]

(c)

where the employee is above 60 but not more than 65 years of age:

First column

Second column

Third column

Total amount of the employee’s wages
for the calendar month

Contributions payable by the employer
for the calendar month

Amount recoverable from the employee’s wages
for the calendar month

Exceeding $50 but not exceeding $500

An amount equal to 3.5% of the Total Wages.

Nil

Exceeding $500 but not exceeding $750

An amount equal to the sum of —

(a)	3.5% of the Total Wages; and

An amount equal to 0.15 of the difference between the Total Wages and $500.

(b)	0.15 of the difference between the Total Wages and $500.

Exceeding $750

An amount equal to the sum of —

(a)	8.5% of the employee’s ordinary wages for the month subject to a maximum of 8.5% of the Ordinary Wage Ceiling; and

An amount equal to the sum of —

(a)	5% of the employee’s ordinary wages for the month subject to a maximum of 5% of the Ordinary Wage Ceiling; and

(b)	8.5% of the Relevant Additional Wages.

(b)	5% of the Relevant Additional Wages.

[S 599/2023 wef 01/09/2023]

(d)

where the employee is above 65 years of age:

First column

Second column

Third column

Total amount of the employee’s wages
for the calendar month

Contributions payable by the employer
for the calendar month

Amount recoverable from the employee’s wages
for the calendar month

Exceeding $50 but not exceeding $500

An amount equal to 3.5% of the Total Wages.

Nil

Exceeding $500 but not exceeding $750

An amount equal to the sum of —

(a)	3.5% of the Total Wages; and

An amount equal to 0.15 of the difference between the Total Wages and $500.

(b)	0.15 of the difference between the Total Wages and $500.

Exceeding $750

An amount equal to the sum of —

(a)	8.5% of the employee’s ordinary wages for the month subject to a maximum of 8.5% of the Ordinary Wage Ceiling; and

An amount equal to the sum of —

(a)	5% of the employee’s ordinary wages for the month subject to a maximum of 5% of the Ordinary Wage Ceiling; and

(b)	8.5% of the Relevant Additional Wages.

(b)	5% of the Relevant Additional Wages.

[S 599/2023 wef 01/09/2023]

1B. Subject to paragraphs 1E to 7, with effect from 1 September 2023, the contributions payable by the employer (at graduated rates) and the amount recoverable from the employee’s wages (at graduated rates), during the period beginning on the first day of the calendar month following the first anniversary month and ending on the last day of the second anniversary month, are as follows:

(a)

where the employee is 55 years of age and below:

First column

Second column

Third column

Total amount of the employee’s wages
for the calendar month

Contributions payable by the employer
for the calendar month

Amount recoverable from the employee’s wages
for the calendar month

Exceeding $50 but not exceeding $500

An amount equal to 9% of the Total Wages.

Nil

Exceeding $500 but not exceeding $750

An amount equal to the sum of —

(a)	9% of the Total Wages; and

An amount equal to 0.45 of the difference between the Total Wages and $500.

(b)	0.45 of the difference between the Total Wages and $500.

Exceeding $750

An amount equal to the sum of —

(a)	24% of the employee’s ordinary wages for the month subject to a maximum of 24% of the Ordinary Wage Ceiling; and

An amount equal to the sum of —

(a)	15% of the employee’s ordinary wages for the month subject to a maximum of 15% of the Ordinary Wage Ceiling; and

(b)	24% of the Relevant Additional Wages.

(b)	15% of the Relevant Additional Wages.

[S 599/2023 wef 01/09/2023]

(b)

where the employee is above 55 but not more than 60 years of age:

First column

Second column

Third column

Total amount of the employee’s wages
for the calendar month

Contributions payable by the employer
for the calendar month

Amount recoverable from the employee’s wages
for the calendar month

Exceeding $50 but not exceeding $500

An amount equal to 6% of the Total Wages.

Nil

Exceeding $500 but not exceeding $750

An amount equal to the sum of —

(a)	6% of the Total Wages; and

An amount equal to 0.375 of the difference between the Total Wages and $500.

(b)	0.375 of the difference between the Total Wages and $500.

Exceeding $750

An amount equal to the sum of —

(a)	18.5% of the employee’s ordinary wages for the month subject to a maximum of 18.5% of the Ordinary Wage Ceiling; and

An amount equal to the sum of —

(a)	12.5% of the employee’s ordinary wages for the month subject to a maximum of 12.5% of the Ordinary Wage Ceiling; and

(b)	18.5% of the Relevant Additional Wages.

(b)	12.5% of the Relevant Additional Wages.

[S 599/2023 wef 01/09/2023]

(c)

where the employee is above 60 but not more than 65 years of age:

First column

Second column

Third column

Total amount of the employee’s wages
for the calendar month

Contributions payable by the employer
for the calendar month

Amount recoverable from the employee’s wages
for the calendar month

Exceeding $50 but not exceeding $500

An amount equal to 3.5% of the Total Wages.

Nil

Exceeding $500 but not exceeding $750

An amount equal to the sum of —

(a)	3.5% of the Total Wages; and

An amount equal to 0.225 of the difference between the Total Wages and $500.

(b)	0.225 of the difference between the Total Wages and $500.

Exceeding $750

An amount equal to the sum of —

(a)	11% of the employee’s ordinary wages for the month subject to a maximum of 11% of the Ordinary Wage Ceiling; and

An amount equal to the sum of —

(a)	7.5% of the employee’s ordinary wages for the month subject to a maximum of 7.5% of the Ordinary Wage Ceiling; and

(b)	11% of the Relevant Additional Wages.

(b)	7.5% of the Relevant Additional Wages.

[S 599/2023 wef 01/09/2023]

(d)

where the employee is above 65 years of age:

First column

Second column

Third column

Total amount of the employee’s wages
for the calendar month

Contributions payable by the employer
for the calendar month

Amount recoverable from the employee’s wages
for the calendar month

Exceeding $50 but not exceeding $500

An amount equal to 3.5% of the Total Wages.

Nil

Exceeding $500 but not exceeding $750

An amount equal to the sum of —

(a)	3.5% of the Total Wages; and

An amount equal to 0.15 of the difference between the Total Wages and $500.

(b)	0.15 of the difference between the Total Wages and $500.

Exceeding $750

An amount equal to the sum of —

(a)	8.5% of the employee’s ordinary wages for the month subject to a maximum of 8.5% of the Ordinary Wage Ceiling; and

An amount equal to the sum of —

(a)	5% of the employee’s ordinary wages for the month subject to a maximum of 5% of the Ordinary Wage Ceiling; and

(b)	8.5% of the Relevant Additional Wages.

(b)	5% of the Relevant Additional Wages.

[S 599/2023 wef 01/09/2023]

1C. Subject to paragraphs 1E to 7, with effect from 1 January 2024, the contributions payable by the employer (at full rates) and the amount recoverable from the employee’s wages (at graduated rates), during the period beginning on the date the employee becomes a permanent resident and ending on the last day of the first anniversary month, are as follows:

(a)

where the employee is 55 years of age and below:

First column

Second column

Third column

Total amount of the employee’s wages
for the
calendar month

Contributions payable
by the employer
for the
calendar month

Amount recoverable
from the employee’s
wages for the
calendar month

Exceeding $50 but not exceeding $500

An amount equal to 17% of the Total Wages.

NIL

Exceeding $500 but not exceeding $750

An amount equal to the sum of —

(a)	17% of the Total Wages; and

(b)	0.15 of the difference between the Total Wages and $500.

An amount equal to 0.15 of the difference between the Total Wages and $500.

Exceeding $750

An amount equal to the sum of —

(a)	22% of the employee’s ordinary wages for the month subject to a maximum of 22% of the Ordinary Wage Ceiling; and

An amount equal to the sum of —

(a)	5% of the employee’s ordinary wages for the month subject to a maximum of 5% of the Ordinary Wage Ceiling; and

(b)	22% of the Relevant Additional Wages.

(b)	5% of the Relevant Additional Wages.

[S 599/2023 wef 01/09/2023]

(b)

where the employee is above 55 but not more than 60 years of age:

First column

Second column

Third column

Total amount of the
employee’s wages
for the
calendar month

Contributions payable
by the employer
for the
calendar month

Amount recoverable
from the employee’s
wages for the
calendar month

Exceeding $50 but not exceeding $500

An amount equal to 15% of the Total Wages.

NIL

Exceeding $500 but not exceeding $750

An amount equal to the sum of —

(a)	15% of the Total Wages; and

(b)	0.15 of the difference between the Total Wages and $500.

An amount equal to 0.15 of the difference between the Total Wages and $500.

Exceeding $750

An amount equal to the sum of —

(a)	20% of the employee’s ordinary wages for the month subject to a maximum of 20% of the Ordinary Wage Ceiling; and

An amount equal to the sum of —

(a)	5% of the employee’s ordinary wages for the month subject to a maximum of 5% of the Ordinary Wage Ceiling; and

(b)	20% of the Relevant Additional Wages.

(b)	5% of the Relevant Additional Wages.

[S 599/2023 wef 01/09/2023]

[S 916/2023 wef 01/01/2024]

(c)

where the employee is above 60 but not more than 65 years of age:

First column

Second column

Third column

Total amount of the
employee’s wages
for the
calendar month

Contributions payable
by the employer
for the
calendar month

Amount recoverable
from the employee’s
wages for the
calendar month

Exceeding $50 but not exceeding $500

An amount equal to 11.5% of the Total Wages.

NIL

Exceeding $500 but not exceeding $750

An amount equal to the sum of —

(a)	11.5% of the Total Wages; and

(b)	0.15 of the difference between the Total Wages and $500.

An amount equal to 0.15 of the difference between the Total Wages and $500.

Exceeding $750

An amount equal to the sum of —

(a)	16.5% of the employee’s ordinary wages for the month subject to a maximum of 16.5% of the Ordinary Wage Ceiling; and

An amount equal to the sum of —

(a)	5% of the employee’s ordinary wages for the month subject to a maximum of 5% of the Ordinary Wage Ceiling; and

(b)	16.5% of the Relevant Additional Wages.

(b)	5% of the Relevant Additional Wages.

[S 599/2023 wef 01/09/2023]

[S 916/2023 wef 01/01/2024]

(d)

where the employee is above 65 but not more than 70 years of age:

First column

Second column

Third column

Total amount of the
employee’s wages
for the
calendar month

Contributions payable
by the employer
for the
calendar month

Amount recoverable
from the employee’s
wages for the
calendar month

Exceeding $50 but not exceeding $500

An amount equal to 9% of the Total Wages.

NIL

Exceeding $500 but not exceeding $750

An amount equal to the sum of —

(a)	9% of the Total Wages; and

(b)	0.15 of the difference between the Total Wages and $500.

An amount equal to 0.15 of the difference between the Total Wages and $500.

Exceeding $750

An amount equal to the sum of —

(a)	14% of the employee’s ordinary wages for the month subject to a maximum of 14% of the Ordinary Wage Ceiling; and

An amount equal to the sum of —

(a)	5% of the employee’s ordinary wages for the month subject to a maximum of 5% of the Ordinary Wage Ceiling; and

(b)	14% of the Relevant Additional Wages.

(b)	5% of the Relevant Additional Wages.

[S 599/2023 wef 01/09/2023]

[S 916/2023 wef 01/01/2024]

(e)

where the employee is above 70 years of age:

First column

Second column

Third column

Total amount of the
employee’s wages
for the
calendar month

Contributions payable
by the employer
for the
calendar month

Amount recoverable
from the employee’s
wages for the
calendar month

Exceeding $50 but not exceeding $500

An amount equal to 7.5% of the Total Wages.

NIL

Exceeding $500 but not exceeding $750

An amount equal to the sum of —

(a)	7.5% of the Total Wages; and

(b)	0.15 of the difference between the Total Wages and $500.

An amount equal to 0.15 of the difference between the Total Wages and $500.

Exceeding $750

An amount equal to the sum of —

(a)	12.5% of the employee’s ordinary wages for the month subject to a maximum of 12.5% of the Ordinary Wage Ceiling; and

An amount equal to the sum of —

(a)	5% of the employee’s ordinary wages for the month subject to a maximum of 5% of the Ordinary Wage Ceiling; and

(b)	12.5% of the Relevant Additional Wages.

(b)	5% of the Relevant Additional Wages.

[S 599/2023 wef 01/09/2023]

[S 916 /2023 wef 01/01/2024]

1D. Subject to paragraphs 1E to 7, with effect from 1 January 2024, the contributions payable by the employer (at full rates) and the amount recoverable from the employee’s wages (at graduated rates), for the period beginning on the first day of the calendar month following the first anniversary month and ending on the last day of the second anniversary month, are as follows:

(a)

where the employee is 55 years of age and below:

First column

Second column

Third column

Total amount of the
employee’s wages
for the
calendar month

Contributions payable
by the employer
for the
calendar month

Amount recoverable
from the employee’s
wages for the
calendar month

Exceeding $50 but not exceeding $500

An amount equal to 17% of the Total Wages.

NIL

Exceeding $500 but not exceeding $750

An amount equal to the sum of —

(a)	17% of the Total Wages; and

(b)	0.45 of the difference between the Total Wages and $500.

An amount equal to 0.45 of the difference between the Total Wages and $500.

Exceeding $750

An amount equal to the sum of —

(a)	32% of the employee’s ordinary wages for the month subject to a maximum of 32% of the Ordinary Wage Ceiling; and

An amount equal to the sum of —

(a)	15% of the employee’s ordinary wages for the month subject to a maximum of 15% of the Ordinary Wage Ceiling; and

(b)	32% of the Relevant Additional Wages.

(b)	15% of the Relevant Additional Wages.

[S 599/2023 wef 01/09/2023]

(b)

where the employee is above 55 but not more than 60 years of age:

First column

Second column

Third column

Total amount of the
employee’s wages
for the
calendar month

Contributions payable
by the employer
for the
calendar month

Amount recoverable
from the employee’s
wages for the
calendar month

Exceeding $50 but not exceeding $500

An amount equal to 15% of the Total Wages.

NIL

Exceeding $500 but not exceeding $750

An amount equal to the sum of —

(a)	15% of the Total Wages; and

(b)	0.375 of the difference between the Total Wages and $500.

An amount equal to 0.375 of the difference between the Total Wages and $500.

Exceeding $750

An amount equal to the sum of —

(a)	27.5% of the employee’s ordinary wages for the month subject to a maximum of 27.5% of the Ordinary Wage Ceiling; and

An amount equal to the sum of —

(a)	12.5% of the employee’s ordinary wages for the month subject to a maximum of 12.5% of the Ordinary Wage Ceiling; and

(b)	27.5% of the Relevant Additional Wages.

(b)	12.5% of the Relevant Additional Wages.

[S 599/2023 wef 01/09/2023]

[S 916/2023 wef 01/01/2024]

(c)

where the employee is above 60 but not more than 65 years of age:

First column

Second column

Third column

Total amount of the
employee’s wages
for the
calendar month

Contributions payable
by the employer
for the
calendar month

Amount recoverable
from the employee’s
wages for the
calendar month

Exceeding $50 but not exceeding $500

An amount equal to 11.5% of the Total Wages.

NIL

Exceeding $500 but not exceeding $750

An amount equal to the sum of —

(a)	11.5% of the Total Wages; and

(b)	0.225 of the difference between the Total Wages and $500.

An amount equal to 0.225 of the difference between the Total Wages and $500.

Exceeding $750

An amount equal to the sum of —

(a)	19% of the employee’s ordinary wages for the month subject to a maximum of 19% of the Ordinary Wage Ceiling; and

An amount equal to the sum of —

(a)	7.5% of the employee’s ordinary wages for the month subject to a maximum of 7.5% of the Ordinary Wage Ceiling; and

(b)	19% of the Relevant Additional Wages.

(b)	7.5% of the Relevant Additional Wages.

[S 599/2023 wef 01/09/2023]

[S 916/2023 wef 01/01/2024]

(d)

where the employee is above 65 but not more than 70 years of age:

First column

Second column

Third column

Total amount of the
employee’s wages
for the
calendar month

Contributions payable
by the employer
for the
calendar month

Amount recoverable
from the employee’s
wages for the
calendar month

Exceeding $50 but not exceeding $500

An amount equal to 9% of the Total Wages.

NIL

Exceeding $500 but not exceeding $750

An amount equal to the sum of —

(a)	9% of the Total Wages; and

(b)	0.15 of the difference between the Total Wages and $500.

An amount equal to 0.15 of the difference between the Total Wages and $500.

Exceeding $750

An amount equal to the sum of —

(a)	14% of the employee’s ordinary wages for the month subject to a maximum of 14% of the Ordinary Wage Ceiling; and

An amount equal to the sum of —

(a)	5% of the employee’s ordinary wages for the month subject to a maximum of 5% of the Ordinary Wage Ceiling; and

(b)	14% of the Relevant Additional Wages.

(b)	5% of the Relevant Additional Wages.

[S 599/2023 wef 01/09/2023]

[S 916/2023 wef 01/01/2024]

(e)

where the employee is above 70 years of age:

First column

Second column

Third column

Total amount of the
employee’s wages
for the
calendar month

Contributions payable
by the employer
for the
calendar month

Amount recoverable
from the employee’s
wages for the
calendar month

Exceeding $50 but not exceeding $500

An amount equal to 7.5% of the Total Wages.

NIL

Exceeding $500 but not exceeding $750

An amount equal to the sum of —

(a)	7.5% of the Total Wages; and

(b)	0.15 of the difference between the Total Wages and $500.

An amount equal to 0.15 of the difference between the Total Wages and $500.

Exceeding $750

An amount equal to the sum of —

(a)	12.5% of the employee’s ordinary wages for the month subject to a maximum of 12.5% of the Ordinary Wage Ceiling; and

An amount equal to the sum of —

(a)	5% of the employee’s ordinary wages for the month subject to a maximum of 5% of the Ordinary Wage Ceiling; and

(b)	12.5% of the Relevant Additional Wages.

(b)	5% of the Relevant Additional Wages.

[S 916/2023 wef 01/01/2024]

[S 599/2023 wef 01/09/2023]

1E. Subject to paragraphs 1F to 7, where a foreign employee becomes a permanent resident after 1 March 2009 but before 1 March 2011, or where a person becomes a permanent resident after 1 March 2009 but before 1 March 2011 and subsequently becomes an employee, the contributions payable in respect of that employee during the period beginning on 1 March 2011 and ending on the last day of the second anniversary month, are to be in accordance with the rates of contributions set out in paragraphs 1A and 1B.

1F. Subject to paragraphs 1H to 7, where the employer and the employee who is a permanent resident have agreed on or after 1 March 2011 —

(a)	in a case where the contributions payable in respect of that employee would (but for this paragraph) have been in accordance with paragraph 1A, that those contributions are to be in accordance with the rates set out in paragraph 1 or 1C instead; or
(b)	in a case where the contributions payable in respect of that employee would (but for this paragraph) have been in accordance with paragraph 1B, that those contributions are to be in accordance with the rates set out in paragraph 1 or 1D instead,

and have, in the manner determined by the Board, informed the Board of such agreement, then the agreed rates of contribution apply in respect of that employee until —

(c)	the employee leaves the employment of the employer; or
(d)	the agreement expires or is lawfully terminated,

whichever is the earlier.

1G. Despite anything in this Schedule, where any agreement —

(a)	was entered into on or after 1 October 2002 between an employer and an employee who is a permanent resident under regulation 5 of the revoked Central Provident Fund (Permanent Residents — Employees) Regulations in relation to the contributions payable in respect of that employee; and
(b)	was in force immediately before 1 March 2011,

then —

(c)	if the agreement is for those contributions to be in accordance with the rates set out in the First Schedule to this Act, the rates in this Schedule apply in relation to that employee; or
(d)	if the agreement is for those contributions to be in accordance with the rates set out in paragraphs 3 and 4 of the Schedule to those Regulations, the rates set out in paragraphs 1C and 1D of this Schedule apply in relation to that employee,

until the employee leaves the employment of the employer or the agreement expires or is lawfully terminated, whichever is the earlier.

1H. Despite anything in this Schedule, where any agreement —

(a)	was entered into before 1 October 2002 between an employer and an employee who is a permanent resident under regulation 3(2)(b) of the revoked Central Provident Fund (Permanent Residents — Employees) Regulations in relation to the contributions payable in respect of that employee; and
(b)	was in force immediately before 1 March 2011,

then the agreed rates of the contribution continue to apply in relation to that employee until the employee leaves the employment of the employer, or the agreement expires or is lawfully terminated, whichever is the earlier.

2.—(1) No contribution is payable by an employer on any part of the additional wages for any year after 2015 which is in excess of the applicable amount less the amount of ordinary wages from that employer for that year.

(2) Where the contribution payable by an employer on additional wages for any year after 2015 (called in this sub-paragraph the current year) is being computed or recomputed before the end of the current year and while the employee is employed by that employer, no contribution is payable by that employer on any part of the additional wages which is in excess of an amount computed in either of the following ways, at the option of that employer:

(a)

the applicable amount less —

(i)	the amount of ordinary wages of the employee from that employer for the year immediately preceding the current year; and
(ii)	the additional wages of the employee already paid by that employer for the current year;

(b)

the applicable amount less —

(i)	the amount of ordinary wages which that employer expects to pay the employee for the current year; and
(ii)	the additional wages of the employee already paid by that employer for the current year.

(3) The amount of contributions payable by an employer on the additional wages of an employee for any year after 2015 (called in this sub‑paragraph the current year) must be computed or recomputed (as the case may be) in each of the following circumstances:

(a)	whenever any additional wages of the employee for the current year become due from that employer;
(b)	at the end of the last month of the employee’s employment with that employer in the current year;
(c)	if the employee is still employed by the employer on 31 December of the current year, at the end of that year.

3.—(1) If the Board has granted an application, made by or on behalf of 2 or more employers, to apply this paragraph in calculating the contributions from those employers on an employee’s additional wages for any year after 2015 (called in this sub‑paragraph the current year), then each of those employers is, in that year —

(a)	a related employer of the employee; and
(b)	a related employer in respect of each of those other employers.

(2) The Board may grant an application mentioned in sub‑paragraph (1) if the Board is satisfied that the employers making the application —

(a)	are related in a manner approved by the Board; and
(b)	meet any other requirements specified by the Board.

(3) Despite paragraph 2(1), no contribution is payable on the part of an employee’s additional wages for any year after 2015 (called in this sub‑paragraph the current year) that becomes due from a related employer of the employee on or after the date when the amount of the employee’s combined additional wages for that year, that have become due before that date, is equal to the applicable amount less the amount of the employee’s combined ordinary wages for the current year.

(4) Sub-paragraph (5) applies where —

(a)

an employer is a related employer of an employee in a year after 2015 (called in this sub-paragraph the related year); and

(b)

the contribution payable by the employer on the employee’s additional wages for the related year or the year immediately following the related year (called in this sub-paragraph and sub‑paragraph (5) the current year) is being computed or recomputed —

(i)	before the end of the current year; and
(ii)	at the time of the computation or recomputation, the employee is employed by that employer or a related employer in respect of that employer, as the case may be.

(5) Despite paragraph 2, no contribution is payable on the part of an employee’s additional wages for the current year that becomes due from an employer mentioned in sub‑paragraph (4) on or after the date when —

(a)	if that employer is not the employee’s related employer in the current year, the amount of the employee’s additional wages that have become due in the current year from that employer; or
(b)	if that employer is the employee’s related employer in the current year, the employee’s combined additional wages for the current year that have become due,

is equal to an amount computed in either of the following ways, at the option of the employer:

(c)

the applicable amount less the total of —

(i)	the employee’s ordinary wages from that employer or the employee’s combined ordinary wages (as the case may be) for the year immediately preceding the current year; and
(ii)	the employee’s additional wages from that employer or the employee’s combined additional wages (as the case may be) already paid for the current year;

(d)

the applicable amount less the total of —

(i)	the employee’s ordinary wages that the employer expects to pay the employee or the combined ordinary wages that the employer expects the employee to be paid (as the case may be) for the current year; and
(ii)	the employee’s additional wages or combined additional wages (as the case may be) already paid for the current year.

(6) The amount of contributions payable by an employer on the additional wages of an employee for any year after 2015 (called in this sub‑paragraph the current year) must be computed or recomputed (as the case may be) in each of the following circumstances:

(a)	whenever any additional wages of the employee for the current year become due from that employer;
(b)	at the end of the last month of the employee’s employment, with that employer or a related employer in respect of that employer, in the current year;
(c)	if the employee is still employed by the employer or a related employer in respect of that employer on 31 December of the current year, at the end of that year.

(7) In this paragraph —

“combined additional wages” means the total amount of additional wages of the employee from the employee’s employer mentioned in this paragraph and all of the employee’s related employers in respect of that employer;

“combined ordinary wages” means the total amount of ordinary wages of the employee from the employee’s employer mentioned in this paragraph and all of the employee’s related employers in respect of that employer.

4.—(1) Where the contributions on an employee’s additional wages for any year after 2015 (called in this sub‑paragraph the current year) to be paid by an employer (as recomputed under paragraph 2(3) or 3(6)) exceed the contributions already paid by that employer on those additional wages, the employer must contribute the difference to the Fund within such period as may be prescribed under the Central Provident Fund Regulations after the end of the month of the recomputation.

(2) Where the employer is required to make additional contributions under sub‑paragraph (1), the employer is entitled to recover from the employee’s wages, at the rate of recovery for additional wages applicable to the employee, the amount of additional contributions paid by the employer under that sub‑paragraph.

4A. In computing the amount of ordinary wages for the purposes of paragraphs 2 and 3 —

(a)

for the year 2015, the amount of ordinary wages for each month which is in excess of $5,000 is to be disregarded;

(b)

for the years 2016, 2017, 2018, 2019, 2020, 2021 and 2022, the amount of ordinary wages for each month which is in excess of $6,000 is to be disregarded;

(c)

for the year 2023, the amount of ordinary wages —

(i)	for each month from January to August (both inclusive) which is in excess of $6,000 is to be disregarded; and
(ii)	for each month from September to December (both inclusive) which is in excess of $6,300 is to be disregarded; and

(d)

for the year 2024 and each subsequent year, the amount of ordinary wages for each month which is in excess of the Ordinary Wage Ceiling is to be disregarded.

[S 599/2023 wef 01/09/2023]

5. For the purposes of this Schedule —

(a)

the contributions payable in respect of an employee above 55, 60, 65 or 70 years of age are payable —

(i)	from the first day of the month following the month in which the employee attains that age; and
(ii)	in the case of an employee who is born on 29 February, from the first day of March in the year in which the employee attains that age;

(b)

the contribution payable by the employer is to be rounded off to the nearest dollar except, where the fraction of a dollar is 50 cents, it is to be regarded as a dollar;

(c)

in calculating the amount recoverable by the employer from the employee’s wages, a fraction of a dollar is to be ignored;

(d)

“additional wages” —

(i)	in relation to an employee, other than an employee mentioned in paragraph 7, means any remuneration other than ordinary wages, and (if the employee is a relevant employee) includes the relevant employee’s AW; and [S 916/2023 wef 01/01/2024]
(ii)	in relation to an employee mentioned in paragraph 7, is as defined in the First, Second or Third Schedule (as the case may be) of the Central Provident Fund (Public Sector Employees) Regulations 2011;

(da)

“applicable amount”, in respect of the year 2016 and every subsequent year, means the sum of $102,000;

(db)

“first anniversary month”, in relation to an employee who becomes a permanent resident, means the calendar month in which the first anniversary of the day the employee becomes a permanent resident falls;

(dc)

“foreign employee” means an employee who is not a citizen of Singapore or permanent resident;

(dd)

[Deleted by S 916/2023 wef 01/01/2024]

(e)

“ordinary wages for the month” means the amount of remuneration due or granted wholly or exclusively in respect of employment during that month and payable before the due date for the payment of contribution for that month;

(ea)

“Ordinary Wage Ceiling” —

(i)	in respect of each month from September to December (both inclusive) in the year 2023, is $6,300;
(ii)	in respect of each month in the year 2024, is $6,800;
(iii)	in respect of each month in the year 2025, is $7,400; and
(iv)	in respect of each month in the year 2026 and every subsequent year, is $8,000; [S 599/2023 wef 01/09/2023]

(eb)

“permanent resident” means a person who holds a valid entry permit or re-entry permit issued by the Controller of Immigration under the Immigration Act 1959;

(eba)

“Relevant Additional Wages”, in relation to an employee, means the amount of additional wages payable to the employee in a calendar month;

[S 916/2023 wef 01/01/2024]

(ebb)

“relevant employee” means a person —

(i)

to whom any remuneration other than ordinary wages becomes payable on a date that is both —

(A)

on or after 1 January 2024; and

(B)

after the last day of his or her employment (whether before, on or after 1 January 2024) with —

(AA)	the employer by whom the remuneration is payable; or
(AB)	if the Board grants an application under paragraph 3(1) made by or on behalf of 2 or more employers in relation to the calculation of the contributions on the employee’s additional wages — the last of those employers;

(ii)

who, on the last day of his or her employment mentioned in sub-paragraph (i)(B), is both —

(A)	a person to whom contributions are payable on his or her ordinary wages under section 7, if any; and
(B)	a permanent resident or a citizen of Singapore; and

(iii)

who, on the date when the remuneration mentioned in sub-paragraph (i) becomes payable, is a permanent resident or a citizen of Singapore;

[S 916/2023 wef 01/01/2024]

(ebc)

“relevant employee’s AW” means remuneration other than ordinary wages that becomes payable to the relevant employee in accordance with sub-paragraph (ebb)(i);

[S 916/2023 wef 01/01/2024]

(ec)

“second anniversary month”, in relation to an employee who becomes a permanent resident, means the calendar month in which the second anniversary of the day the employee becomes a permanent resident falls;

(f)

“Total Wages”, in relation to an employee, means the total amount of the employee’s ordinary wages for a calendar month and any additional wages payable to him or her in that same month;

(h)

“year” means the period beginning on 1 January and ending on 31 December.

[S 916/2023 wef 01/01/2024]

6. The rates of contribution specified in paragraph 1 do not apply to the employees of the following:

(1)	the managers of any aided school other than a school that is set out in the Schedule to the Education (Grant-in-Aid) Regulations.
(2)	Accounting and Corporate Regulatory Authority.
(3)	Agency for Science, Technology and Research (A*Star).
(4)	Singapore Food Agency.
(5)	Board of Architects.
(6)	Building and Construction Authority.
(6A)	Gambling Regulatory Authority of Singapore.
(7)	Central Provident Fund Board.
(8)	Civil Aviation Authority of Singapore.
(9)	Civil Service College.
(10)	Competition and Consumer Commission of Singapore.
(11)	SkillsFuture Singapore Agency.
(11A)	Council for Estate Agencies.
(12)	Defence Science and Technology Agency.
(13)	Economic Development Board.
(14)	Energy Market Authority of Singapore.
(14A)	Government Technology Agency.
(15)	Health Promotion Board.
(16)	Health Sciences Authority.
(17)	Hindu Advisory Board.
(18)	Hindu Endowments Board.
(18A)	Home Team Science and Technology Agency.
(19)	Hotels Licensing Board.
(20)	Housing and Development Board.
(21)	Info-communications Media Development Authority.
(22)	Inland Revenue Authority of Singapore.
(23)	[Deleted by Act 23 of 2015]
(24)	Institute of Technical Education, Singapore.
(25)	Intellectual Property Office of Singapore.
(26)	Enterprise Singapore Board.
(26A)	ISEAS – Yusof Ishak Institute.
(27)	Jurong Town Corporation.
(28)	Land Transport Authority of Singapore.
(29)	Majlis Ugama Islam, Singapura.
(30)	Maritime and Port Authority of Singapore.
(32)	Monetary Authority of Singapore.
(33)	Nanyang Polytechnic.
(35)	National Arts Council.
(36)	National Council of Social Service.
(37)	National Environment Agency.
(38)	National Heritage Board.
(39)	National Institute of Education.
(40)	National Library Board.
(41)	National Parks Board.
(43)	Ngee Ann Polytechnic.
(44)	People’s Association.
(46)	Professional Engineers Board.
(47)	Public Transport Council.
(48)	Public Utilities Board.
(49)	Republic Polytechnic.
(50)	Science Centre Board.
(51)	Sentosa Development Corporation.
(52)	Sikh Advisory Board.
(53)	Singapore Corporation of Rehabilitative Enterprises.
(54)	Singapore Dental Council.
(55)	Singapore Examinations and Assessment Board.
(56)	Singapore Labour Foundation.
(57)	Singapore Land Authority.
(58)	Singapore Medical Council.
(59)	Singapore Nursing Board.
(60)	Singapore Pharmacy Board.
(61)	Singapore Polytechnic.
(62)	Singapore Sports Council.
(63)	Singapore Totalisator Board.
(64)	Singapore Tourism Board.
(65)	Workforce Singapore Agency.
(66)	Specialist Accreditation Board.
(67)	[Deleted by Act 10 of 2018]
(68)	Temasek Polytechnic.
(69)	Traditional Chinese Medicine Practitioners Board.
(70)	Urban Redevelopment Authority.

7.—(1) Subject to paragraphs 2, 3 and 4, contributions are payable for and recoverable from the wages of employees who are —

(a)	employees of the Government;
(b)	employees of a statutory body; or
(c)	persons employed in an aided school by the managers of the school, other than a school that is set out in the Schedule to the Education (Grant-in-Aid) Regulations,

at the rates prescribed in the Central Provident Fund (Public Sector Employees) Regulations 2011.

(2) Paragraphs 2, 3 and 4 do not restrict or prohibit the payment of additional contributions prescribed in the Central Provident Fund (Public Sector Employees) Regulations 2011.

8. For the purposes of determining the contributions on the additional wages of an employee (other than an employee mentioned in paragraph 7) payable for any period before 1 January 2024, this Schedule as in force during that period is to be used and applied despite any amendment made after that time.

[23/2015; 20/2016; 22/2016; 23/2016; 24/2016; 10/2018; 11/2019; 21/2019; 37/2019; S 843/2013; S 860/2014; S 752/2015; S 532/2016; S 717/2017]

[S 1026/2021 wef 01/01/2022]

[S 1026/2022 wef 01/01/2023]

[S 599/2023 wef 01/09/2023]

[S 916/2023 wef 01/01/2024]

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